CARCHEX vs Safeguard My Car

CARCHEX boasts a great reputation and excellent customer service, among their many advantages. CARCHEX has been helping people protect their vehicles since 2004. They have an A+ rating from the Better Business Bureau and have been consistently ranked as one of the best extended warranty companies in the industry. If you own a vehicle with high mileage, CARCHEX is an especially good option for you.

Founded in 2021, Safeguard My Car was a Florida-based marketer of vehicle service contracts. Business records listed a principal address in St. Petersburg, while the company’s website displayed an Orlando office. Third-party administrators handled their contracts, claims, and repair authorizations.

The provider offered three plan categories: Powertrain Protection, Used Stated Coverage, and New Exclusionary Coverage. Depending on the plan, covered systems included the engine, transmission, drive axle, air conditioning, suspension, steering, electrical system, and select hybrid components. Powertrain coverage accepted eligible vehicles with up to 250,000 miles, and every plan included 24/7 roadside assistance.

Safeguard My Car did not hold BBB accreditation and had no verified Trustpilot or Google review profile. Feedback available through other sources was limited and mostly critical, with complaints involving sales practices, communication, claim denials, and repair coverage. The company has since gone out of business and no longer sells contracts. Former customers may need to contact the administrator or insurer listed in their agreements for help with claims or remaining coverage.